Euro Area

Congratulations to the 2019 Euro Challenge Semifinalists!

Delegation of the European Union to the United States

Press Contact:
Anna Prisco
(202) 429 6387

April 09, 2019

 U.S. High School Students Compete in 2019 Euro Challenge

  American high school students will gather to compete in the annual Euro Challenge contest at the Federal Reserve Bank of New York on May 2, 2019.

 Following regional contests, a total of 25 teams from across the country will travel to New York City for the semi-final and final rounds. Students compete by showcasing their financial literacy and knowledge of the European Union and its single currency, the euro.

Participating teams prepare a detailed presentation of current economic conditions in one of the 19 countries that share the euro, and proceed to make policy recommendations to improve that country’s competitiveness, human capital and sustainable growth.

This year’s contest takes on special importance as the euro celebrates its 20th anniversary. Since its launch in 1999, the euro has brought stable prices, lower transaction costs, more transparent and competitive markets, and increased trade.

“The Euro Challenge is a unique learning opportunity for young Americans that teaches students about financial literacy and policy making from an EU perspective,” said Moreno Bertoldi, Special Advisor to the Ambassador and Head of the Economic and Financial Affairs Section at the EU Delegation. “It also highlights that the EU is the largest economic partner of the United States. Since we launched the Euro Challenge in 2006, I am proud to say that hundreds of American students have participated in this exciting competition.”

2019 will mark the 14th iteration of the Euro Challenge, which continues to expand nationally. More than 90 teams participated in this year’s competition, collectively representing high schools from 15 U.S. States (Connecticut, Florida, Washington, Texas, Pennsylvania, New York, New Jersey, North Carolina, Minnesota, Michigan, Massachusetts, Indiana, Illinois, Maryland, and the District of Columbia). Of these, 25 teams will advance to the semi-final round on the morning of May 2nd and from there, five will proceed to the final round, to be held later that afternoon. Teams consist of 3-5 9th or 10th grade students, each of whom have spent months researching European economic policy and history with the help of mentors from their schools and resources provided by the EU Delegation to the U.S. Specifically, these teams will present on the overall economic situation of the euro area and then focus on an economic challenge facing one of the 19 euro area countries. Finally, teams must answer questions from a distinguished panel of judges to showcase their grasp of economic issues and policy trade-offs.

The top five winning teams will receive monetary awards generously provided by the Moody’s Foundation. The top two placing teams will receive a free trip to Washington, D.C. also sponsored by the Moody’s Foundation to present solutions to the embassy of the country they researched.

The following schools are competing in the semi-final round:

Charlotte Country Day School (NC)

Delbarton High School (NJ)

East Chapel Hill High School (NC)

Farmington High School (CT)

George W. Hewlett High School (NY)

Greenwich High School (CT)

Gulliver Preparatory High School (FL)

Hastings High School (NY)

Herricks UFSD (NY)

High School for Math, Science and Engineering (NY)

High Technology High School (NJ)

Inglemoor High School (WA)

International Academy Okma Campus Central (MI)

Montclair High School (NJ)

Mount Saint Mary (NJ)

Mundelein High School (IL)

Okemos High School (MI)

Pittsburgh Allderdice H.S. (PA)

Princeton High School (NJ)

Rumson Fair Haven Regional High School (NJ)

Sachem North High School (NY)

Saint Joseph High School (IN)

School of Business and Management (TX)

St. Albans High School (DC)

West Windsor Plainsboro North High School (NJ)

The Euro Challenge is a program launched and supported by the Delegation of the European Union to the United States, and is managed on the Delegation’s behalf by W!se (Working in Support of Education). The Moody’s Foundation sponsors the monetary awards. The Federal Reserve Bank of New York serves as program advisor.

The Euro Challenge is supported by BNP Paribas, Florida International University, the University of Pittsburgh, the University of Illinois, the University of Texas at Austin, University of Washington, the Federal Reserve Bank of Chicago (Detroit Branch), the World Affairs Council of Charlotte, the World Affairs Council of Seattle, and the Federal Reserve Bank of Atlanta (Miami Branch).